I find it extremely interesting to evaluate the correlation between NHL Rankings and $'s spent on payroll. Based on my research (this season), more than two-thirds of the teams rank within five spots of their relative salary payroll when compared to their actual NHL ranking. Only two teams deviate in the top ten, and they are ranked number 8 and 9 respectively.
There is a direct correlation between budget and performance, as I expected, if not, there would be no need for a salary cap.
Please find my research below, should you have any questions, I am more than happy to explain.
PS: Acceptability is based on a teams ability to stay within five spots of its payroll and team standing, if positive, it is acceptable, otherwise, it is unacceptable.
As of 3/16/2011 | ||||||||
NHL RK. | Team | Pts. | Payroll | Cap RK. | Cap RK. - NHL RK. | Dev. >5 | Dev. Count | Accept./Unaccept. |
1 | Vancouver | 101 | $69,650,000 | 1 | 0 | NO | 0 | Acceptable |
2 | Philadelphia | 93 | $68,591,667 | 2 | 0 | NO | 0 | Acceptable |
3 | Washington | 92 | $66,905,000 | 4 | 1 | NO | 0 | Acceptable |
4 | Detroit | 90 | $63,025,000 | 9 | 5 | NO | 0 | Acceptable |
5 | Pittsburgh | 90 | $66,700,000 | 5 | 0 | NO | 0 | Acceptable |
6 | San Jose | 88 | $62,781,662 | 10 | 4 | NO | 0 | Acceptable |
7 | Boston | 87 | $64,241,667 | 7 | 0 | NO | 0 | Acceptable |
8 | Tampa Bay | 87 | $59,154,167 | 14 | 6 | YES | 1 | Acceptable |
9 | LA | 85 | $55,862,417 | 17 | 8 | YES | 1 | Acceptable |
10 | Chicago | 84 | $62,102,875 | 12 | 2 | NO | 0 | Acceptable |
11 | Montreal | 83 | $63,730,833 | 8 | 3 | NO | 0 | Acceptable |
12 | Phoenix | 83 | $48,762,500 | 23 | 11 | YES | 1 | Acceptable |
13 | Dallas | 82 | $49,385,000 | 22 | 9 | YES | 1 | Acceptable |
14 | Calgary | 81 | $67,162,500 | 3 | 11 | YES | 1 | Unacceptable |
15 | Nashville | 80 | $51,925,000 | 20 | 5 | NO | 0 | Acceptable |
16 | Anaheim | 79 | $54,025,000 | 18 | 2 | NO | 0 | Acceptable |
17 | Rangers | 78 | $64,902,500 | 6 | 11 | YES | 1 | Unacceptable |
18 | Minnesota | 77 | $59,721,028 | 13 | 5 | NO | 0 | Acceptable |
19 | Buffalo | 76 | $56,220,000 | 16 | 3 | NO | 0 | Acceptable |
20 | Coumbus | 74 | $57,594,167 | 15 | 5 | NO | 0 | Acceptable |
21 | Carolina | 74 | $46,773,333 | 24 | 3 | NO | 0 | Acceptable |
22 | St. Louis | 71 | $35,038,333 | 29 | 7 | YES | 1 | Acceptable |
23 | NJ | 70 | $62,740,000 | 11 | 12 | YES | 1 | Unacceptable |
24 | Toronto | 70 | $50,730,000 | 21 | 3 | NO | 0 | Acceptable |
25 | Atlanta | 70 | $39,895,000 | 27 | 2 | NO | 0 | Acceptable |
26 | Florida | 65 | $36,194,167 | 28 | 2 | NO | 0 | Acceptable |
27 | Islanders | 65 | $32,671,750 | 30 | 3 | NO | 0 | Acceptable |
28 | Colorado | 60 | $43,202,500 | 26 | 2 | NO | 0 | Acceptable |
29 | Ottawa | 59 | $52,857,500 | 19 | 10 | YES | 1 | Unacceptable |
30 | Edmonton | 55 | $46,340,000 | 25 | 5 | NO | 0 | Acceptable |
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